TGC-1 to announce its FY2010 IFRS results on April 5, 2011 and hold a conference-call with management

01.04.2011

TGC-1 will publish its unaudited financial report under International Financial Reporting Standards (IFRS) for 2010 year on Tuesday, April 5, 2011 and hold a conference-call for investors and analysts to discuss Company’s performance for FY 2010.

The publication of the report and presentation is scheduled for 13.00 (Moscow time).

The conference-call will start at 8:00 am (New York) / 1:00 pm (London) / 4:00 pm (Moscow).

Speakers from TGC-1:

Boris Vainzikher, General Director, Chairman of the Management Board

Kirill Lykov, Director for Economy and Finance (CFO), member of the Management Board

Sergey Redkin, Director for Development, member of the Management Board.

Dial-in Details

Russia Free Call         8 10 800 2446 2044

Russia Local Call       +7 499 922 39 35

UK Free Call  0800 694 5763

UK Local Call            0844 338 7411

UK Standard International    +44 (0) 1452 589 328

Conference ID: 56973375

Agenda:

•          Presentation of the FY2010 Financial Results

•          Q&A session

Please dial in 10-15 minutes before the call, to allow for the registration process. When registering please state the passcode, your name and the organization you represent.

A replay of this call will be available until 11 April 2011

Replay details:

International Dial in: +44 (0) 1452 55 00 00

UK Free Call Dial In: 0800 953 1533

UK Local Dial In: 0845 245 5205

USA Free Call Dial In: 1866 247 4222

Replay Access Number: 56973375#